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Africa Swine Feed Premix Market - Trends and Forecasts (2017 - 2022)

Africa Swine Feed Premix market was valued at XX USD in the year 2015 and is estimated to reach XX USD in the year 2020 at a CAGR of XX%. Based on the FAO data, feed premix is defined as a uniform mixture of certain micro-ingredients, which includes vitamins, minerals, antibiotics and other drugs, with a diluent or carrier. The purpose of these premixes is to enable uniform dispersion of the micro-ingredients in the overall feed mix. These premixes can be used in the manufacture process or even by the farmer in preparing an on-farm feed formulation. Despite the lack of proper distribution channels and infrastructural support, Africa is expected to develop into an important market for such products. The growth of this industry is dependent on certain broad aspects such as increasing demand for swine meats, innovation impetus from increasing regulations and the overall increase of the feed additives market. Increasingly positive signals from these factors have acted as major drivers for the swine feed premix market. The disease outbreaks that have occurred over the past decade have forced manufacturers to use premixes to ensure quality and safety. Given that the development of the premixes is mainly to address the specific nutritional needs and inherent genetic potential of the animals, the increasing governmental regulations are pushing the industry to better accommodate feed premises in their manufacturing processes. The technical nature of these products makes the rising cost of raw materials a serious drawback for the market.   The rising technological advancements in meat production and increasing pricing range is expected to help sustain the raw material costs. Key Deliverables in the Study Market analysis for the Africa Swine Feed Premix Market, with region specific assessments and competition analysis on global and regional scales Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the Africa Swine Feed Premix market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

Published By: Mordor Intelligence
Published Date: Q2 2016

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